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Transportation Infrastructure

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  • Doubts deepen over Chinese-backed Nicaragua canal Friday, 26 Dec 2014 | 10:45 PM ET
    Thousands of demonstrators march against the 173-mile Interoceanic Grand Canal that they say will negatively impact the environment, communities and Nicaraguan sovereignty, in Managua, Nicaragua December 10, 2014.

    Skepticism is growing over a $50 billion project to build a canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.

  • AUSTIN, Texas, Dec 26- With high-speed rail in the United States long on plans and short on construction, a Texas company is aiming to fast-track service between Dallas and Houston. The Texas Central Railway Company plans to use private investment and Central Japan Railway bullet train technology to run a line between two of the largest U.S. cities.

  • Dec 23- Germany's HeidelbergCement AG is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter. HeidelbergCement is weighing a sale to Lone Star as a way to shed the non-core unit more quickly than through an initial public offering,...

  • US port employers seek mediation in dockworker talks Monday, 22 Dec 2014 | 9:20 PM ET
    A longshoreman walks on bags of rice in a cargo ship at the Port of West Sacramento in California

    Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.

  • LOS ANGELES, Dec 22- Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers, saying the two sides remain far from a deal after seven months of negotiations. The International Longshore and Warehouse Union has so far resisted previous calls by the...

  • Musk's 'hyperloop' idea could work: Report Monday, 22 Dec 2014 | 10:41 AM ET
    ET3 Hyperloop concept

    Tesla's Elon Musk has proposed a new public transportation system between LA and San Francisco. USA Today reports.

  • Oil price fuels Carnival Cruises' success  Friday, 19 Dec 2014 | 11:15 AM ET

    Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.

  • LOS ANGELES, Dec 17- Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports remain far from a deal with union dockworkers after seven months of contract talks, the companies said on Wednesday, again blaming the union for waterfront cargo slowdowns. The Pacific Maritime Association statement came a day before the companies were slated...

  • TORONTO, Dec 15- The parent of Canada's Porter Airlines is nearing the sale of a passenger terminal it operates at Toronto's Billy Bishop Airport, according to three sources familiar with the process. One of the sources familiar with the process said at least two separate bids are expected this week from pension fund manager Alberta Investment Management Corp...

  • LOS ANGELES, Dec 15- The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups. The International Longshore and Warehouse Union and the Pacific Maritime Association,...

  • NEW YORK, Dec 14- For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety. The public assistance in states like New York, Pennsylvania, Ohio, Oklahoma and Oregon comes as railroads are posting record profits, and...

  • LODZ, Poland, Dec 14- The European Union has given Poland more than 100 million euros to build at least three "ghost" airports in places where there are not enough passengers to keep them in business. Poland is not the only country in Europe to have built airports that struggle to attract flights. Poland received 615.7 million euros in EU support for airports between...

  • "I'm not one who often calls for regulation," Tony Tyler, director general of the International Air Transport Association, said in an interview on the sidelines of the organization's global media day. Tyler's concern comes amid growing reports of dangerous drone flights at airports, stadiums and military bases in the United States and elsewhere.

  • BERLIN, Dec 8- Airports and train stations are home to ever increasing numbers of retail outlets, serving travelers who want to buy goods on the go and brands targeting a global and mobile audience. It's about squeezing it in to our hectic lifestyles, "said Ben Perkins, consumer expert at consultants Deloitte. The sector is enjoying 10 percent annual growth and...

  • Aerospace firms, airports and airlines, universities, energy firms, hospitals, and telecommunications operators based in the United States, Israel, China, Saudi Arabia, India, Germany, France, England have been hit by the campaign, the research firm said, without naming individual companies. The 87- page report comes as governments scramble to better understand...

  • The report comes as governments scramble to better understand the extent of Iran's cyber capabilities, which researchers say have grown rapidly as Tehran seeks to retaliate for Western cyber attacks on its nuclear program. It did not identify the companies targeted, but said they included major aerospace firms, airports and airlines, universities, energy...

  • BOSTON, Nov 20- Irving Oil has told regulators that recent air quality testing it commissioned around its oil-by-rail terminal in Saint John, New Brunswick, Canada's largest such facility, shows no cause for public health concern. All the pollutants measured in the study "were found to be below available regulatory objective limits," Irving said in a summary...

  • PARIS, Nov 13- Indonesia's Lion Group is pushing forward with revived plans for a 2016 initial public offering now designed to fund an airport vital to securing its growth, chief executive Rusdi Kirana said. The 51- year-old former travel agent captured international attention when he announced record purchases of jets from Boeing and Airbus to serve...

  • Mansion-gate: Mexican leader hit by house scandal Wednesday, 12 Nov 2014 | 3:42 PM ET
    Mexico's President Enrique Pena Nieto

    A scandal is engulfing Mexico's president, but it's not likely to disrupt energy auctions scheduled for next year.

  • NEW YORK, Nov 7- A decision by the U.S. aviation regulator has moved forward plans by a small Georgia airport to begin commercial airline service, despite strong opposition by Delta Air Lines and the city of Atlanta, the local county authority said on Friday. The approval by the Federal Aviation Authority, related to the handling of federal grants for the Paulding...